Bechtel Establishes Joint Ownership of Unger Steel Fabrication FZE

2 May 2024

Bechtel and Unger Steel have come together to form Unger Steel Fabrication FZE (Free Zone Establishment), of which, Bechtel will be a part owner, the company announced today.

The partnership includes Unger's steel fabrication facility in the Hamriyah Free Trade Zone of Sharjah, United Arab Emirates (UAE). Unger Steel is currently the main supplier of fabricated steel for some of Bechtel's international projects.

"Quality of steel is critical for nearly every project," said Tarek Amine, Bechtel's Chief Supply Chain Officer. "By establishing this new company, and vertically integrating with Unger Steel, we are securing our ability to provide a supply of high-quality steel on time to Bechtel projects across the globe."

Through this newly formed company, Bechtel and Unger Steel will mitigate supply chain risk for their customers in a high demand market. Unger Steel Fabrication FZE will supply fabricated steel to Bechtel's projects worldwide, and from its facility in the UAE, the company will also continue to support third party projects to maintain its position as an industry leader in structural steel fabrication.

"Through collaboration with Bechtel, we'll ensure methodical steel planning and production, while allowing greater visibility into the fabrication and shipment of steel," said Matthias Unger, Unger Steel CEO and owner. "Integration across the workflow will strengthen our ability to mitigate supply chain uncertainties, while securing timely solutions for projects."

Bechtel's resilient, adaptable, and innovative supply chain, led by skilled experts anchored in best-in-class processes and tools, enables the company to consistently deliver on its safety, quality, cost, schedule, and sustainability commitments.